REINSURANCE GROUP OF AMERICA INC company profile

Overview

Reinsurance Group of America, Inc. (RGA) is a global life and health reinsurer, providing traditional reinsurance and financial solutions to insurers. Its business spans individual and group life and health products, including mortality, critical illness, disability and long-term care, as well as annuity, longevity, asset-intensive and capital solutions.[1]

RGA’s stated purpose is “to make financial protection accessible to all.” It serves clients in more than 100 countries across six continents, with operations spanning the Americas, Europe, the Middle East, Africa, Asia and Australia.[4] For the year ended December 31, 2025, RGA reported total revenues of $23.698 billion and approximately 4,300 employees.[6][4] [1]

Products & services

RGA’s reinsurance products cover individual term, credit, universal and whole life; group life and health; joint-and-last-survivor; critical illness; disability; long-term care; longevity; annuities and other asset-intensive products; and financial reinsurance and capital-motivated solutions. Coverage may address mortality, morbidity, lapse and investment-related risks.[2] Its traditional solutions include individual mortality, long-term care, universal life and group reinsurance, while Financial Solutions includes asset-intensive and capital solutions such as annuities, corporate-owned life insurance, pension-risk-transfer group annuities, fee-based synthetic guaranteed investment contracts, indexed and variable life, investment-only contracts and stable-value contracts.[7]

RGA offers life reinsurance on treaty or facultative bases, as well as underwriting, actuarial, medical, claims, analytics and product-development support.[8] Its health-reinsurance offerings include locally adapted medical-reimbursement and fixed-benefit arrangements, including disease-specific, hospital and surgical, and dental plans.[9] Aura Next is a software-as-a-service automated-underwriting solution with instant decisions, configurable interviews and rules, and distribution-channel integration.[10] The cited financial reporting presents revenue by business segment rather than individual product, and does not provide product-level percentage mix.[11] [2]

Geographic presence

RGA operates in 25 markets and reports its geographic business across U.S. and Latin America, Canada, Europe/Middle East/Africa (EMEA), and Asia Pacific (APAC). Identified locations include offices in Toronto and Montréal, Mexico City, London (EMEA regional headquarters), and Hong Kong (APAC regional headquarters).[12]

For FY2025, reported segment revenue was $12.331 billion in U.S. and Latin America, $2.035 billion in Canada, $3.844 billion in EMEA, and $5.146 billion in APAC.[17] Premium income for the same year was $8.701 billion in U.S. and Latin America (50.5% of total), $1.519 billion in Canada (8.8%), $3.217 billion in EMEA (18.7%), and $3.793 billion in APAC (22.0%).[18] In the six months ended June 30, 2026, segment revenue was $6.810 billion in U.S. and Latin America, $1.044 billion in Canada, $2.252 billion in EMEA, and $2.957 billion in APAC.[11] [17]

Business segments

RGA reports its business across four regions—U.S. and Latin America, Canada, Europe, Middle East and Africa, and Asia Pacific—with Traditional and Financial Solutions business lines in each; Corporate and Other is reported separately. The following approximate shares are each category’s portion of total 2025 segment revenue of $24.055 billion, not consolidated revenue.[17]

2025 segment revenue contribution and reported focus: - U.S. and Latin America Traditional — 37.9% ($9.126 billion). Focuses primarily on individual mortality risk, long-term care and universal life, and to a lesser extent group life.[17][3] - U.S. and Latin America Financial Solutions — 13.3% ($3.205 billion). Includes Asset-Intensive and Capital Solutions business.[17][3] - Canada Traditional — 6.7% ($1.605 billion); Canada Financial Solutions — 1.8% ($430 million). The cited segment disclosures identify these business lines but do not specify further Canada-specific focus areas.[17] - Europe, Middle East and Africa Traditional — 10.0% ($2.397 billion); Europe, Middle East and Africa Financial Solutions — 6.0% ($1.447 billion). The cited segment disclosures identify these business lines but do not specify further region-specific focus areas.[17] - Asia Pacific Traditional — 15.1% ($3.641 billion). Includes individual and group life and health, critical illness, disability and superannuation reinsurance.[17][19] - Asia Pacific Financial Solutions — 6.3% ($1.505 billion). The reported focus includes financial reinsurance, asset-intensive business and certain disability and life blocks.[17][19] - Corporate and Other — 2.9% ($699 million); reported separately from the regional Traditional and Financial Solutions categories.[17] [17]

Company history

Reinsurance Group of America traces its origins to General American Life Insurance Company’s life-reinsurance business, established in 1973. It became a publicly traded company through an initial public offering in 1993, while still connected to General American.[20]

MetLife acquired GenAmerica, RGA’s parent, in 2000. RGA completed a recapitalization and split-off from MetLife in 2008, ending MetLife’s majority ownership. In 2009–2010, it expanded into group life, accident and health reinsurance by acquiring ING’s U.S. and Canadian group-reinsurance business.[23]

RGA opened its first Middle East office, in Dubai, in 2011. It agreed to acquire Aurora National Life Assurance Company in 2014, completing the acquisition in 2015. In leadership, Anna Manning became CEO in 2017, succeeding Greig Woodring; Tony Cheng became president in 2023 and succeeded Manning as CEO in 2024.[27] [20]

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REINSURANCE GROUP OF AMERICA INC